[Am-info] Seeking Security After New Warnings

[John J. Urbaniak]

Well, I noticed that MSFT closed at about $53 yesterday.  I generated a
5-year chart of the stock price.

It turns out that MSFT was at about $53 in mid-1998.  There was a dip below
this figure near the beginning of 2001.

So almost anybody who bought Microsoft stock any time in the last 4 years
(with the exception of that short-lived dip) and still holds it has *lost*
money.

Anyone who argues that "the whole market is down" should remember that
Microsoft is considered a market leader.

And also remember that XP was supposed to "save the economy."  I guess it
didn't.

John

"Fred A. Miller" wrote:

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> Seeking Security After New Warnings
>
> For the second day, warnings about terrorist attacks sent stocks
> south. Investors chose to secure profits after the FBI warned New
> York law-enforcement officials of a possible threat involving
> landmarks such as the Statue of Liberty and the Brooklyn Bridge.
> Tuesday's sell-off wiped out early gains that followed reports of
> better-than-expected retail earnings and a settlement for Merrill
> Lynch.
>
> The technology sector suffered the biggest drop. The Nasdaq
> closed down 37.41 points, or 2.2%, at 1,664.18; and the
> Information Week 100 fell 7.02 points, or 2.74%, to 249.41. The
> Dow Jones industrial average fell 123.79 points, or 1.2%, to
> 10,105.71; and the Standard & Poor's 500 index dipped 12 points,
> or almost 1.1%, to 1,079.88. So far this week, the Dow and the
> Nasdaq have given up more than half of last week's gains of
> 413.16 and 140.54 points, respectively. - Antone Gonsalves
>
>                    - InformationWeek 100 -
> (http://update.informationweek.com/cgi-bin4/flo?y=eHSP0Bce7K0V20Myv0AU )
>
> Company..................$ Close Price...$ Change...% Change
>
> Tuesday's Winners:
> Nortel Networks (NT)............2.71.......0.12........+4.6%
> Qualcomm (QCOM)................32.62.......0.73........+2.3%
> SmartForce (SMTF)...............6.22.......0.14........+2.3%
> Juniper Networks (JNPR).........9.74.......0.20........+2.1%
> Red Hat (RHAT)..................5.02.......0.09........+1.8%
>
> Tuesday's Losers:
> Sapient (SAPE)..................1.79......-0.30.......-14.3%
> VeriSign (VRSN).................9.97......-1.36.......-12.0%
> Akamai Technologies (AKAM)......2.27......-0.25........-9.9%
> i2 Technologies (ITWO)..........3.41......-0.36........-9.6%
> Veritas Software (VRTS)........25.03......-2.55........-9.3%
>
> - --
> Fred A. Miller
> Systems Administrator
> Cornell Univ. Press Services
> fm@cupserv.org, www.cupserv.org
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